Mr. Martyn Element reports

A.I.S. RESOURCES ANNOUNCES WARRANTS EXTENSION

A.I.S. Resources Ltd. intends, subject to TSX Venture Exchange approval, to extend the term of 16.24 million warrants expiring on May 9, 2023. The share purchase warrants were issued pursuant to a private placement of 16.24 million units accepted for filing by the TSX-V on April 5, 2022. The warrants will be extended for a period of one year until May 9, 2024. The exercise price remains unchanged at five cents.

About A.I.S. Resources Ltd.

A.I.S. Resources is a publicly traded investment issuer listed on the TSX Venture Exchange focused on lithium, gold, and precious and base metal exploration. A.I.S. Resources' value-add strategy is to acquire prospective exploration projects and enhance their value by better defining the mineral resource with a view to attracting joint venture partners and enhancing the value of its portfolio. The company is managed by a team of experienced geologists and investment bankers, with a record of successful capital market achievements.

A.I.S. Resources owns 100 per cent of the 28-square-kilometre Fosterville-Toolleen gold project located 9.9 kilometres from Kirkland Lake's Fosterville gold mine, a 60-per-cent interest in the 57-square-kilometre Bright gold project (with the right to acquire 100 per cent), and a 100-per-cent interest in the 167-square-kilometre Kingston gold project in Victoria, Australia, near Stawell and Navarre. A.I.S. Resources has further options to achieve a 7.5-per-cent royalty in the Pocitos 1 and Pocitos 2 lithium brine projects, a 20-per-cent equity interest in the Pocitos 7 and 9 lithium brine projects, and a 20-per-cent joint venture interest with Spey Resources Corp. in the Incahuasi lithium brine project.

We seek Safe Harbor.